The Badges for Lifelong Learning competition is seeking ideas for a system to legitimize DIY education.
Competition sponsored by Mozilla and the Humanities, Arts, Science and Technology Advanced Collaboratory at U of California Irvine
"... Will these digital badges end up replacing traditional degrees? The key factor determining whether badges catch on will be whether employers accept them, and that will probably vary depending on the profession. But if advocates successfully create a formal way to recognize the academic knowledge and industry-specific skills acquired online, many more members of the next generation might decide to forgo the more expensive forms of education currently in vogue." Liz Dwyer